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If an Exempt Organization Conducts a Trade or Business That

question 24

True/False

If an exempt organization conducts a trade or business that consists of either exchanging or renting to other exempt organizations the organization's donor or membership list, such trade or business is an unrelated trade or business.


Definitions:

Phenylketonuria

A genetic disorder resulting from the body’s failure to oxidize an amino acid, perhaps because of a defective enzyme.

Phenylalanine

An amino acid of a protein.

Mental Retardation

A now outdated term referring to a developmental disability that affects intellectual and adaptive functioning.

Allergens

Substances that can trigger an allergic reaction in sensitive individuals.

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